Zigzag was formed | 09 November 2015
09 November 2015, USD/JPY
The zigzag was formed. As we expected, there is an upward trend. In this growth, the price achieved its targets and supposedly formed a zigzag, which was a (ii) wave. Thus, if this is correct, then there will be a dramatic decrease as a new (iii) wave forming. The short order was opened because of these expectations of decrease.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
